The Meridian Resource Corporation (TMR) makes a production test announcement

The Meridian Resource Corporation (ticker: TMR) announced
production test results from an exploratory well on its Bayou Chene prospect. The well tested at  2.3 mmcf/day and is located in the Ramos
Complex in South Louisiana.

While secondary to the Biloxi Marshlands
project, where they recently announced a more prolific discovery on its String
of Pearls prospect, success on its Ramos Complex should diversify the risk
associated with focusing on one project.

Quick comment:

While secondary to the Biloxi Marshlands project, where TMR recently
announced a more prolific discovery on its String of Pearls prospect, success
on its Ramos Complex should diversify the risk associated with focusing on one project. The company plans on drilling 15 to 16 wells
in the Ramos Complex in 2005/2006. The
stock has had a rough go of it these last six months trading from a high of  $9.02/share to a low of last Friday of
$3.77/share.